Showing 1 - 7 of 7
SET sees support for ongoing surge
Nuntawun Polkuamdee, Published on 15/05/2025
» The Thai stock market is expected to continue growing next month, supported by easing global trade tension, a downward trend for global interest rates, and inflows into Thai ESG Extra (ESG X) funds, says the Stock Exchange of Thailand (SET).
Thai-US trade talks are likely to fail
News, Chartchai Parasuk, Published on 15/05/2025
» Don't get too excited over news the temporary trade deal between China and the US will mean friendly negotiations with other countries. The US government still aims for higher import tax income to narrow its monstrous fiscal deficit. As explained in a previous article, Donald Trump would love to see an average tariff rate of around 20% or higher on imports. Higher customs revenue already allowed the US to achieve a budget surplus of US$258 billion (8.5 trillion baht) in April. The figure incorporates only a 10% universal tariff, as full reciprocal tariffs were postponed for 90 days from April 8. Just imagine how nice the US budget position would be with 20% or more import tariff revenue?
Foreigners get keen on Thai markets
Business, Nuntawun Polkuamdee, Published on 13/05/2025
» Foreign investors have returned to Thailand's bond and equity markets, with net inflows into the bond market surpassing 40 billion baht in May and nearly 100 billion baht year-to-date, according to the Thai Bond Market Association (ThaiBMA).
Trade war to restrain Thai stocks in Q2
Nuntawun Polkuamdee, Published on 12/05/2025
» Thai equities have limited upside in the second quarter amid prolonged global trade tensions, while the gold outlook has turned cautious, according to brokerages.
Dollar confusion reigns amid uncertainty
News, Published on 10/05/2025
» Currency markets that only a few months ago assumed a trade war would lift the US dollar now suspect that a full-scale devaluation may be underway, suggesting few market players have a clear handle yet on the US administration's dollar plans.
SET rebounding after a bumpy April
Business, Published on 10/05/2025
» The Stock Exchange of Thailand was volatile in April, which features a long holiday period. In the lead-up to the Songkran festival, the SET was hit hard by US President Donald Trump's tariffs announcement, touching its lowest level in years at 1,056.41 points early in the month.
How nations can counter Trump's trade trickery
Oped, Koichi Hamada, Published on 10/05/2025
» Much has been written about US President Donald Trump's disastrous "reciprocal" tariffs, which, despite having remained in effect for less than 24 hours, roiled the stock market, drove up Treasury yields, and caused the dollar to depreciate. In fact, the tariffs that have so badly undermined markets' faith in the US were never reciprocal at all: they were entirely unilateral actions betraying a fundamental misunderstanding of economics.